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Born in Omaha, Nebraska. Independent kid who quickly got into business ventures.
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Sold chewing gum, Coca-Cola bottles, and weekly magazines door to door operating from his grandfather's grocery store. he made money delivering newspapers, selling golf balls and stamps, and detailing cars, among other means. Purchased pinball machines and placed them at local barber shops, as well as delivering newspapers by bike.
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Father worked at a brokerage office. Invested in a business owned by his father and bought shares of City Service.
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Earns MSc in Economics and meets mentor Benjamin Graham.
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Warren Buffet worked from 1951 to 1954 at Buffett-Falk & Co. to promote investment at the company. Gaining critical persuasion skills.
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Accumulated $103000 in today's value.
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He and Charlie Munger create their famous investment firm and end up becoming enormously wealthy.
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In 1979, Berkshire began the year trading at $775 per share, and ended at $1,310. Buffett's net worth reached $620 million.[
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In 1988, Buffett began buying The Coca-Cola Company stock, eventually purchasing up to 7% of the company for $1.02 billion. It would turn out to be one of Berkshire's most lucrative investments, and one which it still holds.
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Berkshire Hathaway has been under a bit of fire, particularly because of Buffett's investment in Kraft-Heinz, whose stock dropped immensely in a single day due to a bad earnings report in the eyes of most investors. However, Buffett is still going strong, despite oncoming headwinds, as the third richest person in the world behind Bill Gates and Jeff Bezos.
